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Take Control of Your Sourcing With These Three Agile Procurement Strategies
Introduction Imagine this: Your biggest supplier falls behind on their deliveries, and you're suddenly faced with a shortage. You scramble to find a new supplier, but you can’t find a suitable replacement in time to meet your deadline. What do you do? This is just one...
Increase Agility and Reduce Risk with Accurate Supplier Data Management
Introduction Imagine you are the head of procurement for a midsize company. You are tasked with reducing the company's risk and creating faster, more agile systems. One way to achieve both of these goals is by improving the accuracy of your supplier data. Accurate...
Your Supplier Data is a Wreck. Here Are 5 Ways to Fix It.
Supplier data management is a task that often seems too big to tackle. When you work with hundreds or even thousands of different suppliers, keeping tabs on all of them can range from tedious to impossible. Managing your supplier data serves many critical functions,...
How to Identify and Manage Key Vendors and Suppliers
Most organizations today deal with a very large number of vendors and suppliers. Effectively managing and monitoring all of them is an extremely difficult and sometimes even impossible task to undertake. Grouping your suppliers into those that are critical to your...
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